Northern Kentucky Tri-County Economic Development Corporation announced Monday that Meyer Tool’s corporate aircraft fleet recently located at the airport as a result of the elimination of the property tax on non-commercial aircraft by local taxing districts in the county.

“We want to make CVG a competitive location for businesses using non-commercial aircraft,” said Judge-Executive Gary Moore in a news release. “We believe the elimination of this tax will help attract new corporate planes, from sizeable corporate HQ operations, informatics-oriented firms and large-scale manufacturing companies, to CVG.”

The move brings a pair of planes and eight jobs to CVG. The planes were previously based at Cincinnati's Lunken Field.

“In the past few years, we have lost potential economic development projects because of the non-commercial aircraft tax in Boone County,” said Dan Tobergte, president and CEO of Northern Kentucky Tri-ED, in the release. “The elimination of the tax and the available land at CVG strengthen the airport’s role as a major asset in our efforts to attract corporate aircraft to CVG, from a broad range of targeted industries, and create new jobs in Northern Kentucky.”